Korea’s Largest Telecom Operator Announces Blockchain Service For Asset Management

South Korean telecommunications operator SK Telecom announced the release of an asset management service with Blockchain tech, as well as a platform for linking Blockchain startups with investors, local news outlet The Korea Herald reports today, April 24.

According to Oh Se-hyeon, the executive vice president of the telecom operator’s Blockchain division, “the service will allow users to manage all bank accounts, credit cards, mileage points and other non-financial assets, including cryptocurrencies, in one basket, and enable transactions of the assets based on trust.”